Hi Rahul,
Thank you for the write up. I started looking into the companies promoters and found that they are from Sintex and Sintex Plastics.
Eg:All _____ Arun Prasad Patels are from Sintex and Sintex Plastics.
One more observation i could see is their fixed assets are close to 17 lakhs+ lets say accumulated depreciation will make the total to 30 lakhs(lets say).
If they are making 20-22 crores sales that is too much of a turnover. I am not sure on the possibilities, but any of you have more clarity it would be good to know.
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